NEAR Intents flags $50M in suspicious Bitget hacker swaps, most rerouted elsewhere

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NEAR Intents' swap service detected over $50 million in attempted fund transfers linked to the Bitget hacker. The platform rejected the suspicious transactions, putting its permissionless design philosophy under scrutiny. However, the blocked funds were not stopped entirely, as they subsequently moved through other service providers. The incident raises questions about how decentralized swap platforms balance open access with the ability to screen illicit activity.

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